The Dow Jones average fell 265 points as investors speculated about a further weakening world economy. Just one day after the Federal Reserve decision to reinvest principal payments on mortgage holdings into long-term Treasury securities, the Dow Jones Index did not rally and bears seemed to outnumber bulls on the major indexes. Questions remain about the strength…
The Federal Reserve buys debt to help improve the economy. Federal Reserve officials made the decision to reinvest principal payments on mortgage holdings into long-term Treasury securities. The fed is attempting to spur growth and keep the economy from contracting. This move by the fed shows they are more than willing to move or take…
Magazines are down. The Audit Bureau of Circulation reports that magazine circulation for the first half of 2010 fell by approximately 2.3%. The age of the hard print is not necessarily over but going through transition as more magazines, newspaper affiliates etc. move to an online format. AARP was the top magazine in circulation due…
The Federal Reserve may change its outlook on the U.S. economy on Tuesday. The recovery is still in stall mode and the Fed is concerned about the overall strength of the economy. Tax issues have recently trumped spending issues as a significant deterrent to economic growth. Tax expectations and spending expectations are overall negative. Businesses…
The recent announcement by Bill Gates and Warren Buffett to pledge half of their wealth to charity is gaining attention. This effort between Gates, Buffet and 40 wealthy families to give their wealth to others -willingly, has many onlookers wondering about taxes. Why heavily tax people who made too much money to keep anyway? Is…
